By KEN SWEET and LARRY NEUMEISTER Associated Press NEW YORK (AP) — FTX founder Sam Bankman-Fried began testifying at his fraud trial on Friday, saying the innovative business he hoped would move the cryptocurrency ecosystem forward ended up doing the opposite and hurting customers. The onetime cryptocurrency golden boy lost his businesses and his reputation
Continue ReadingBy CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous
Continue ReadingBy JAKE COYLE AP Film Writer NEW YORK (AP) — One of the many impacts of Hollywood’s lengthy actors strike has been that most performers haven’t been able to promote their work. Movies have continued to flow into theaters and onto streaming services, but without their usual promotional blitzes. That’s led to some truly standout
Continue ReadingBy BRUCE SCHREINER Associated Press LOUISVILLE, Ky. (AP) — Kentucky Gov. Andy Beshear was struck by tragedy when one of his closest friends died in a mass shooting. The Democrat supports a proposal meant to keep firearms away from people deemed as threats to themselves or others. His Republican challenger offers condolences for his rival’s
Continue ReadingBy DAVID SHARP, PATRICK WHITTLE, HOLLY RAMER and MICHELLE R. SMITH Associated Press LEWISTON, Maine (AP) — Authorities scoured the woods and hundreds of acres of family-owned property, sent dive teams with sonar to the bottom of a river and scrutinized a possible suicide note Friday in the second day of their intensive search for
Continue ReadingNEW YORK (AP) — Wall Street is holding a bit steadier Friday following an encouraging profit report from Amazon, one of its most influential companies, and some mixed readings on the U.S. economy. The S&P 500 was 0.1% lower in afternoon trading, coming off its ninth loss in 11 days and its lowest level in
Continue ReadingBy Becky Anderson and Alex Marquardt, CNN (CNN) — There has been “significant progress” on negotiations to release hostages held by Hamas but there are issues still remaining, diplomatic sources familiar with the negotiations told CNN. “Negotiations are going very well. We have a breakthrough,” the source said. “There are issues still remaining, but talks
Continue ReadingBy JENNIFER PELTZ Associated Press NEW YORK (AP) — Former President Donald Trump’s civil business fraud trial is turning to the question of whether his daughter Ivanka will have to testify. Friday’s court session has started with a hearing on the issue. Ivanka Trump has been dismissed from the case, and lawyers for her father,
Continue ReadingBy Eyad Kourdi, Hamdi Alkhshal, Jomana Karadsheh and Rob Picheta, CNN (CNN) — The health ministry in Hamas-controlled Gaza has published a report listing the names of more than 6,000 “documented deaths” in Gaza since the October 7 terror attacks on Israel, after US President Joe Biden questioned the reliability of Palestinian casualty figures. The
Continue ReadingBy The Associated Press A senior Iranian envoy has met with Hamas representatives in Moscow following talks with Russian diplomats that underscored Moscow’s efforts to expand its clout as a power broker in the latest Israel-Hamas war. During the meeting with Hamas’ representative Moussa Abu Marzouk on Thursday, Ali Bagheri Kani, Iran’s deputy foreign minister,
Continue ReadingBy CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Prices rose 0.4% from August to September, the same as the previous month. And compared with 12 months earlier, inflation
Continue ReadingBy Faith Karimi, CNN (CNN) — Sari Beth Rosenberg was teaching a high school history class in New York City recently when a student interrupted her with a question: “Are you Team Israel or Team Palestinian?” Rosenberg had just started her lesson on the French and Indian War when the question came up. As a
Continue ReadingBy LORNE COOK Associated Press BRUSSELS (AP) — European Union leaders believe it’s time to lay the foundations for a future relationship between Israel and the Palestinians where the militant group Hamas does not control Gaza. The 27-nation bloc is exploring ways to realize a long-held EU ideal — two states living peacefully side by
Continue ReadingBy WAFAA SHURAFA, JOSEF FEDERMAN and BASSEM MROUE Associated Press DEIR AL-BALAH, Gaza Strip (AP) — Israel expects to launch a long and difficult ground offensive into Gaza soon to destroy Hamas, the country’s defense minister said Friday, describing a campaign that will require dismantling a vast network of tunnels used by the territory’s militant
Continue ReadingBy The Associated Press Cooper Flagg, the consensus top player in the 2024 recruiting class, says his focus is on the tragedy of a mass shooting in his home state of Maine, an indication that an announcement on where he will play college basketball could be delayed. The 6-foot-9 small forward has been deciding between
Continue ReadingBy R.J. RICO Associated Press ATLANTA (AP) — A lighting technician is mowing lawns. A camera assistant is teaching guitar again. An actor has thought about shifting careers. For more than a decade, work had been nonstop in Atlanta’s booming film industry thanks to Georgia’s extremely generous tax break. Dubbed the “Hollywood of the South,”
Continue ReadingBy R.J. RICO Associated Press ATLANTA (AP) — A lighting technician is mowing lawns. A camera assistant is teaching guitar again. An actor has thought about shifting careers. For more than a decade, work had been nonstop in Atlanta’s booming film industry thanks to Georgia’s extremely generous tax break. Dubbed the “Hollywood of the South,”
Continue ReadingBy Barbie Latza Nadeau, CNN (CNN) — A mother’s love does have limits, it seems. At least for a 75-year-old woman in the northern Italian city of Pavia who won a court order after suing to have her sons, aged 40 and 42, removed from her house, a court clerk in Pavia told CNN Friday. The
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with the previous quarter. It also raised its quarterly dividend. Those lofty crude prices have fueled an Exxon shopping spree. In July,
Continue ReadingBy ANDREA ROSA Associated Press KYIV, Ukraine (AP) — Scores of protesters have gathered in the streets of Ukrainian cities to demand a cap of 18 months on mandatory military service. The protests on Friday were a new suggestion of possible Ukrainian and international fatigue with the 20-month war. Both the warring sides are striving
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